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Crystal Lagoons Corporation to build US$4 billion project in Saudi Arabia

The mixed-use project will form part of a larger development covering some 240 hectare. (Image source: Crystal Lagoons)

Dubai?s lagoon technology developer Crystal Lagoons Corporation has launched a US$4bn mixed-use project in Jeddah?s Prince Sultan Cultural Centre (PSCC)

The project is the second for Crystal Lagoon Corporation?s in the Kingdom and will comprise a medical city, cultural centre, educational facilities, luxury hotels, villas, apartments, and the country?s first Jack Nicklaus-designed 9-hole golf course. The upcoming project is part of a 240 hectare mixed use project that is currently being developed by the PSCC.

Kevin Morgan, CEO of Crystal Lagoons, said, ?This will be the largest manmade crystalline lagoon of its kind in the Kingdom and represents yet another milestone in the company's efforts to expand its Middle East presence. The project also holds special significance for the country as it is being built to honour the memory of the late Crown Prince Sultan bin Abdulaziz Al Saud and our partnership with PSCC gives us a unique opportunity to contribute our expertise towards a world-class project at the heart of a new a cultural icon for the region.?

Crystal Lagoon is the only international company with the technological capability to develop manmade, manually-controlled and economically viable water bodies. The lagoons are designed to be self-cleaning and can be filled up when the water evaporates. The pools use up to 100 times fewer chemicals than traditional pool systems, and only two per cent of the energy required by conventional filtering technologies, the company stated.

The project will be completed across multiple phases, with phase 1 is scheduled for completion in 2015. If the project goes ahead as planned, it will be functional within the next three to five years, stated authorities from the Crystal Lagoon Corporation.